Insurer AIA third-quarter new business value rises 34%

📆 11/2/2023 4:18 PM
📰 ChannelNewsAsia

⏱ Reading Time:
18 sec. here
2 min. at publisher
📊 Quality Score:
News: 10%
Publisher: 66%

United States News News

United States United States Latest News,United States United States Headlines

Asia-focused insurer AIA Group on Friday posted a 34 per cent rise in the value of new business (VONB) in the third quarter, boosted by strong demand for its insurance products across operations including key markets like Hong Kong and Mainland China.

AIA Group logo is pictured on a smartphone in front of an electronic display showing stock graph in this illustration taken, December 4, 2021. REUTERS/Dado Ruvic/Illustration/ File photo

The insurer's VONB, which measures expected profits from new premiums and is a key gauge for future growth, rose to $994 million in the three months ended Sept. 30, from $741 million a year ago. We know it's a hassle to switch browsers but we want your experience with CNA to be fast, secure and the best it can possibly be.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Write Comment

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

SPH Media to acquire technology media company Tech in AsiaSINGAPORE – SPH Media announced on Wednesday that it has entered into an agreement to acquire technology media company Tech in Asia (TIA). Read more at straitstimes.com.
Source: STForeignDesk - 🏆 4. / 71 Read more »

Singapore projected to be S-E Asia’s biggest market in digital lending and wealth: ReportIt is also expected to be the biggest digital wealth market in the region, growing from US$26 billion (S$35.6 billion) in 2023 to about US$150 billion in 2030. Read more at straitstimes.com.
Source: straits_times - 🏆 5. / 69 Read more »